Also, the company’s net profit is expected to touch $15 million in 2013, from $12.2 million in 2012.
Expenses are seen up 17.8%, to $297.1 million in 2013, from $252.1 million a year before.
TMK-Artrom Slatina forecasts it will manufacture 190,000 tons of steel pipes in 2013, from 176,150 tons in 2012.
The company plans to invest 29 million lei (EUR6.57 million) in 2013, almost twice from 2012.
The company is 92.7%-owned by TMK Europe, a division of Russia’s TMK.
On the Bucharest bourse Tuesday, TMK-Artrom traded at RON1.395 a share, flat on the day. (EUR1=RON4.4111)